On the recordJune 1, 2009
I think, until we get an honest approach that really results in substantial renegotiation of mortgages, that the real estate industry and the housing industry are going to continue to be weak.
Source
congress.govEditor's note · Context
Durbin emphasizes the need for substantial mortgage renegotiation to strengthen the housing industry.
Share
More from Dick Durbin
Aug 24, 2026
“The highest court in the land shouldn’t have the lowest ethical standards. Public trust in the Supreme Court remains near historic lows, and every story of a luxury gift or questionable failure to recuse contributes to it. The American…
Aug 18, 2026
Congress has neither authorized nor appropriated funding for the 'East Wing Modernization Project,' nor has Congress been provided any planning details or justifications that would allow for informed consideration of the White House’s…
Aug 25, 2026
Students need to be careful. You can’t go wrong starting with City Colleges and community colleges in your community… I beg my young students in Illinois to start there, and counselors to do their job and discourage kids from getting…
Other voices in this conversation
